Single-Level Office
For Sale
Under Contract
$329,000
255 N Broad Street, Winder, GA 30680
Commercial Sale, Winder, GA
Property Size1,529 SF
Lot Size0.97 Acres
Price / SF$215.17
Days on Market503
Property Features for 255 N Broad Street
General Information
Property type
Commercial Sale
Property subtype
Office
Lot features
City Lot, Level
Directions
From NE GA Medical Center, 2 minutes, .6 mile.
Standard status
Active Under Contract
APN
WN20 544
Size
1,529 SF
Lot size
0.97 Acres
Taxes and HOA fees
Tax Year
23
Tax Annual Amount
2678
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Electric (Heating), Natural Gas, Central
Cooling system
Electric, Central Air
Water source
Public
Building Details
Year built
1932
Flooring type
Hardwood, Tile
Building materials
Vinyl Siding
Roof type
Metal
Listing Agency:
Anchor All Realty Inc. · RE/MAX International
(770) 337-1000
Listed By:
Tammy A Mobley · License #136612
(770) 337-1000
Added: Apr 17, 2025
Changed: Aug 19
Last Checked: Sep 1 at 12:06PM
MLS# 10502829
Copyright © 2026 Georgia Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This vacant office property occupies a 1,529-square-foot, single-level building on 0.97 acres. The interior includes five rooms, two full baths, a kitchen, and a spacious lobby with counters. Hardwood and tile flooring, central heating and cooling, a metal roof, vinyl siding, public water, and public sewer are in place. A newly poured circular driveway serves the side entrance, and two existing outbuildings are included. The building was constructed in 1932 and has B-1 zoning.
Located at 255 N Broad Street in Winder, the property offers 106 feet of exposure along N. Broad St. South State Bank and Ingles are within walking distance, while NE GA Medical Barrow and a new Publix are across the street. The lot also extends back to Lumpkin St. Large signage is present on N. Broad St. and at the building front. The property is vacant and available for showing.
Located at 255 N Broad Street in Winder, the property offers 106 feet of exposure along N. Broad St. South State Bank and Ingles are within walking distance, while NE GA Medical Barrow and a new Publix are across the street. The lot also extends back to Lumpkin St. Large signage is present on N. Broad St. and at the building front. The property is vacant and available for showing.
Key Highlights
- 1,529 sf single‑level office building on 0.97 acres
- 106' exposure on N. Broad St
- B‑1 zoning
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$21,506
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.54%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$430,120
$430.1K
Cap Rate 7%
$307,229
$307.2K
Cap Rate 9%
$238,956
$239.0K
Market Conditions
NOI Build-Up for 1,529 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$33.6K $21.96/SF
− Vacancy
−$2.9K −$1.87/SF
EGI
$30.7K $20.09/SF
− OpEx
−$9.2K −$6.03/SF
NOI
$21.5K $14.07/SF
Area
Barrow County, GA
Vacancy
8.50%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$430,120
Cap Rate 7%
$307,229
Cap Rate 9%
$238,956
Alternative Uses
Best Use
Retail
$307.2K
$268.8K – $358.4K
NOI $21,506 @ 7.0% cap · market cap 6.54%
Second Best
Office B
$292.5K
$255.9K – $341.3K
NOI $20,475 @ 7.0% cap · market cap 6.22%
Theoretical Best
Office A
$427.4K
$374.0K – $498.7K
NOI $29,919 @ 7.0% cap · market cap 9.09%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
561
Businesses Nearby
Explore this area
Business Placement
Demographics for 30680, GA
46,629
Population
17,680
Households
2.6
Avg Household Size
36
Median Age
21%
College-Educated
87%
High-School Grad
94.9 sq mi
ZIP Area
491
Density / Sq Mi
$77,038
Median Household Income
$41,669
Median Earnings
$1,169
Median Rent
$244,700
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office units - The one-level layout includes five rooms, two full baths, a kitchen, and a large lobby.
Where is this office units located?
The property is located at 255 N Broad Street Winder, GA.
What is the asking price?
The asking price for this property is $329,000.
What are key features of this property?
This property features: 1,529 sf single‑level office building on 0.97 acres; 106' exposure on N. Broad St; B‑1 zoning
